Codifyd

4.3★★★★☆(3 reviews)

303 E Wacker Dr #950, Chicago, IL 60601

Chicago, Illinois, United States

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Business facts

Estimated annual revenue~$9.9M
Estimated employees~32
Annual payroll (2020)~$3.9M
In business since2000
Based on reported payroll data

Area statistics (60601)

Population16,398
Median household income$121,294
Source: US Census ACS

About

Codifyd is a global data services firm that specializes in transforming the way B2B distributors and manufacturers leverage the digital landscape. With a focus on product content-centric approach, Codifyd creates a fail-safe system for organizations to manage complex data and information required in today’s digital commerce marketplace. Their digital transformation services and AI technologies enable operational efficiency for B2B organizations and their channel partners, while providing a superior research-to-purchase experience for end users and financial growth for sellers. Headquartered in Chicago with offices in the UK and India, Codifyd's team is comprised of bright, talented, and experienced professionals who value innovative thinking, elegant design, exceptional team chemistry, and a passion to make an impact. For more information, visit their website at https://codifyd.net/.

Wheelchair Accessible
Parking, Yes
Categories: Business Management Consultant.
ISIC Codes: 7020.

Market analysis

Earning above its category median in a growing category (Business Management Consultant).

EstimateCategory trend: 2024, +3.8%

Revenue trend (modeled)

~$7.3M2019
~$7.7M2020
~$8.6M2021
~$9.6M2022
~$9.9M2023
~$9.9M2024
Modeled from official industry statistics+6.2%/yr since 201980% confidence band: ±42%

Company profile

Incorporated2000 (IL)
Employees (reported band)8-10
Facility size~4,000 sq ft
Observed

Federal support (SBA)

EIDL advance grant (2020)$10.0K · 10 jobs reported
EIDL disaster loan (2020)$150.0K
PPP loan (2020)$817.3K · 35 jobs reported · implies ~$3.9M annual payroll · $824.4K forgiven
ObservedSource: US SBA public records

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Business Management Consultant in Illinois2,767~$8.4B~$3.1M~$944.7K5.0★10×
Category revenue trend2024: +3.8%2023: +4.6%2022: +13.1%2021: +12.8%Modeled from business-level estimates
Chain pressure19 chains expanding in this category, led by Verizon Business Services, Greg Eck, Score (+597 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)6,884~$19.8B~$2.9M~$768.5K44,710~$5.9B13×
Professional, scientific and technical activities1,080~$5.5B~$5.1M8,451

1 km area (all businesses): median from the 5,733 of 6,884 businesses with estimates

Estimate

Area conditions (60601)

Population16,398 ±1,721
Median household income$121,294 ±$24,671
Median home value$556,900
Bachelor's degree or higher0.9%
Unemployment rate0.0%
Source: US Census ACS
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